February 8, 2012
The worst February cold spell Europe has seen in decades may last until the end of the month, leading meteorologists said, raising the prospect of further deaths and an extended spike in European spot gas prices. “We do have higher …
February 1, 2012
Record-low temperatures in parts of Eastern Europe pushed the death toll from Arctic conditions to at least 89 people on Wednesday, and have forced Russian gas provider Gazprom to warn over supplies to Europe. Europe had enjoyed a relatively mild …
January 11, 2012
The Climate Corp. announced the official opening of its newest office, this one in Seattle, Wash. The Climate Corp. combines data climatology and agronomy to protect the $3 trillion global agriculture industry with automated weather insurance products. The Seattle location …
January 4, 2012
Insurance industry damage claims from natural disasters like the earthquakes in Japan and New Zealand reached a record $105 billion in 2011, Munich Re , the world’s biggest reinsurer, said on Wednesday. The cost to insurers from the earthquake and …
December 28, 2011
From floods that crippled countries, to mega cyclones, huge blizzards, killer tornadoes to famine-inducing droughts, 2011 has been another record-breaker for bad weather. While it is too early to predict what 2012 will be like, insurers and weather prediction agencies …
November 28, 2011
SAN DIEGO, 11/28/11 – Wells Publishing, Inc. announces the addition of a weather map to ClaimsJournal.com, the company’s website for news and information for property/casualty claims professionals. The interactive map displays live weather conditions throughout the United States and can …
November 18, 2011
An increase in heat waves is almost certain, while heavier rainfall, more floods, stronger cyclones, landslides and more intense droughts are likely across the globe this century as the Earth’s climate warms, U.N. scientists said on Friday. The U.N. Intergovernmental …
November 18, 2011
Insured losses from Thai floods could be in the double-digit billions of dollars and the disaster will lead to a re-assessment of weather risks to industries in Asia, a senior official from global insurer Allianz said. Calculating the true cost …
November 2, 2011
The Climate Corporation (formerly WeatherBill) have launched Total Weather Insurance (TWI) Corn 2012 and TWI Soybean 2012 which provide profit protection for growers against increasingly extreme weather. Total Weather Insurance (TWI) is The Climate Corporation’s full-season weather insurance program, providing …
July 15, 2011
Bermuda-based AXIS Capital Holdings Limited has estimated that the total net financial impact of the June 2011 aftershock in New Zealand and the series of severe weather events that occurred in the U.S. in April and May 2011 are expected …